Tax season is officially here. If you haven't already, now is the time to get prepared. Whether you meet with a tax professional or prepare your taxes yourself, proper planning helps the processes go more smoothly and may reduce the risk of costly errors. Check out these tips and prepare to tackle this tax season with confidence.
Activity came out of the White House at a feverish pace during the first week of the new administration. Headlines swirling nonstop with dizzying executive orders have been the norm, not to mention talks of tariffs. With the unknown impact of potential tariffs on financial markets and new developments that could affect markets in the future, here's what we can surmise at this early stage.
The team at Braun-Bostich & Associates provides nine things to consider in the current market and economy, including tips on minimizing taxes, rebalancing your portfolio, considering a Roth conversion, using charitable donations advantageously, and more.
Embarking on retirement heralds a transformative chapter in life. By strategically prioritizing and consulting with a financial advisor, you can craft a retirement blueprint that might exceed your wildest dreams.
Qualified charitable distributions from an IRA provide individuals over 70 1⁄2 with a way to receive income tax savings on charitable gifts — even if they decide to take the newly increased standard deduction. In this blog post, discover tips for getting tax savings on charitable contributions and learn more about QCDs.
When determining whether or not you have enough money to retire, there are many factors to consider, and the size of a nest egg is most certainly not “one size fits all”. Learn about these factors and other retirement considerations.
